Application Platform News

Our latest news and commentary on applications, covering closed development platforms, SaaS vendors and related online services.

Scott Morrison Australian PM

Australia to introduce new laws to force media platforms to unmask online trolls

Australia will introduce legislation to make social media giants provide details of users who post defamatory comments, Prime Minister Scott Morrison has said.

Platform Industry: Apple logo on a window

Former Apple worker inspires Washington state measure seeking to curb NDAs

A former Apple Inc employee who had filed a whistleblower complaint related to Apple’s use of non-disclosure agreements (NDAs) has inspired draft legislation in Washington st...

Platform News: Reddit is a mainstay of group-based social media

Reddit to shut down Dubsmash app, integrate video tools with platform

Reddit is pulling the plug on its TikTok-like platform, Dubsmash, the social network has said, just a year after buying it for an undisclosed sum to bolster its video creation tool...

vmware - software

Software company VMware forecast profits above expectations

VMware Inc on Tuesday forecast fiscal fourth quarter adjusted profits above expectations and the global demand for cloud computing pushed up sales.

BainCapital

H&F, Bain Capital tap into health tech boom with $17 billion Athenahealth deal

Private-equity firms Hellman & Friedman LLC and Bain Capital agreed to buy Athenahealth for $17 billion, the latest sign of rising interest in companies powering the healthcare...

Platform News: Baidu search engine in China

Baidu warns of ad revenue slowdown after quarterly results beat

Baidu has beaten quarterly revenue and profit estimates on the strength of its cloud business, but warned that China’s regulatory crackdown and the pandemic would weigh on ad...

Platform News: Octi App

James Murdoch-backed metaverse app Octi launches

An app that allows users to create and share videos that blend elements of the physical and virtual worlds has ben launched, with financing from James Murdoch and entertainment ind...

Platform News: Google

US states file updated antitrust complaint against Google

A group of US states led by Texas have filed an amended complaint against Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boo...

Platform Industry: Microsoft operating system users

Microsoft president says tech must compromise, downplays metaverse ‘hype’

The tech sector needs to compromise with regulators and take governments and people’s concerns seriously, Microsoft president Brad Smith has said in an interview.

Facebook is Meta

Facebook will shut down facial recognition system

Facebook Inc has announced it is shutting down its facial recognition system, which automatically identifies users in photos and videos, citing growing concern about the use of suc...

Udemy

Online learning firm Udemy valued at $3.7 billion in tepid Nasdaq debut

Online learning company Udemy Inc, which has grown rapidly over the past year due to a surge in demand for online learning, was valued at $3.7 billion after its shares opened 7% be...

Platform Industry: Microsoft logo

Microsoft to work with community colleges to fill 250,000 cyber jobs

Microsoft Corp has said it plans to work with community colleges across the United States to fill 250,000 cybersecurity jobs over the next four years.

NuBank

Platform stampede as investors hunt Latin American unicorns

When Sebastian Kanovich co-founded Latin American digital payments start-up dLocal in Montevideo in 2016, he struggled to get global retailers to take him seriously.

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

US consumer watchdog to query tech giants over financial data

The US consumer watchdog is expected this week to query tech giants including Facebook, Amazon and Google on how they handle consumer financial data as part of a broader effort to ...